Who is Arvig?
Transcription
Who is Arvig?
Who is Arvig? Established in 1950, Arvig has grown from a small, family-owned telephone company to one of the largest independent telecommunications providers in the nation. By the Numbers • • • • • • • • • 64 years in business 66,000 telephone customers 24,000 television customers 36,000 Internet customers Largest independent telephone provider in MN 3rd largest telephone carrier in Minnesota 17th largest telephone carrier in the nation Service area covers more than 9,000 square miles 700+ employee-owners Our Service Area Offices in: • • • • Minnesota North Dakota South Dakota Iowa Diversification Strategy Strategic Goals set in 2005 – 1. 50% of revenues from non‐ core services including voice, video and data within 10 years. 2. Achieve scale in core business Align and Expand Diversification Strategy Adjust Measure Re‐ measure Adjust Measure Revise Communications & More Television Additions WatchTVEverywher e Strategy Strategic Direction 2015 – 2020 1. Transform our organization into a fiber transport/broad band company 2. Retain existing profit margin 3. Recurring revenue focus 4. Business customer focus 5. Achieve 51% of EBITDA from fiber/broadband Fiber Footprint • Arvig has more than 6,000 miles of fiber throughout the state. • Arvig serves more than ½ of the MN Counties with Internet, phone and/or television service. 888.99.ARVIG | arvig.com Strategy Strategy Key points: • Value of recurring revenue • Margin • Reorganization and accountability • Partnerships bring value • Spin off considerations • Corporate culture Creating our culture – by design – – – – – Customer focused Sets standards, expectations and priorities Develop leaders and empower employees Provides a roadmap to our vision Began in 2012 – in full roll-out phase 888.99.ARVIG | arvig.com